Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 16.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,586 shares of the company's stock after acquiring an additional 2,397 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 0.19% of Coca-Cola Consolidated worth $22,391,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also modified their holdings of the company. Wayfinding Financial LLC purchased a new stake in shares of Coca-Cola Consolidated during the first quarter worth about $46,000. Transce3nd LLC purchased a new stake in shares of Coca-Cola Consolidated during the fourth quarter worth about $63,000. Allworth Financial LP increased its position in shares of Coca-Cola Consolidated by 58.3% during the first quarter. Allworth Financial LP now owns 57 shares of the company's stock worth $79,000 after acquiring an additional 21 shares during the last quarter. Fifth Third Bancorp increased its position in shares of Coca-Cola Consolidated by 40.9% during the first quarter. Fifth Third Bancorp now owns 62 shares of the company's stock worth $84,000 after acquiring an additional 18 shares during the last quarter. Finally, Spire Wealth Management increased its position in shares of Coca-Cola Consolidated by 115.6% during the first quarter. Spire Wealth Management now owns 69 shares of the company's stock worth $92,000 after acquiring an additional 37 shares during the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.
Coca-Cola Consolidated Stock Performance
COKE stock traded down $2.10 during midday trading on Monday, reaching $117.13. The company had a trading volume of 85,950 shares, compared to its average volume of 560,939. The company has a quick ratio of 1.78, a current ratio of 2.04 and a debt-to-equity ratio of 0.88. The stock has a 50 day moving average price of $113.30 and a 200 day moving average price of $130.34. Coca-Cola Consolidated, Inc. has a fifty-two week low of $105.21 and a fifty-two week high of $146.09. The firm has a market capitalization of $10.18 billion, a PE ratio of 17.48 and a beta of 0.81.
Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last issued its earnings results on Thursday, July 24th. The company reported $2.24 EPS for the quarter. The company had revenue of $1.86 billion during the quarter. Coca-Cola Consolidated had a return on equity of 44.91% and a net margin of 8.43%.
Coca-Cola Consolidated Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, August 8th. Shareholders of record on Friday, July 25th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, July 25th. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. Coca-Cola Consolidated's dividend payout ratio is currently 14.93%.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded Coca-Cola Consolidated from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th.
Check Out Our Latest Research Report on Coca-Cola Consolidated
About Coca-Cola Consolidated
(
Free Report)
Coca-Cola Consolidated, Inc, together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks.
See Also
Before you consider Coca-Cola Consolidated, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coca-Cola Consolidated wasn't on the list.
While Coca-Cola Consolidated currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
